In Tally ERP 9 we can record the Petty Cash Statements by creating petty cash ledger .
1 Create petty cash a/c ledger under the head of " Cash in hand ". and
2. Contra using F4 , we can debit the petty cash Once the cash is transferred from HO(HEAD OFFICE)] and crediting the Bank Account .
3 .For whatever expenses we are using the petty cash , in tally under payment voucher , debit payments and credit the petty cash a/c.
Step -1 Create petty cash a/c ledger under the head of " Cash in hand ".
Step-2
Contra Entry in tally ERP 9 using F4 key we can do contra Entry
How to do petty cash exp entries in tally erp 9
- Use the Payment Voucher F5 in tally erp 9 ,
- Debit the stationery account and credit the petty cash a/c .
one can see in step-2 image the petty cash a/c was with Rs 25000/- after purchase of stationery the account is been credited with 250/-, so balance showing 24750/- . in this way we can create petty
cash expenses entries can be done like staff welfare exp., conveyance exp .ect , in this way all the transactions can be recorded
Heema Nimbeni
